Jacksonville Multifamily Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, Marcus & Millichap, Matthews
Quarterly multifamily market indicators for Jacksonville, aggregated by CREhunt from Cushman & Wakefield, Marcus & Millichap, Matthews. As of Q2 2026, average asking rent was $1,470.00/unit/mo, per Cushman & Wakefield.
Projected current multifamily pricing — Jacksonville
Projected asking rent
$1,470/unit/mo
Estimated sale value
$145,500–$181,874/unit
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q2 2026 Cushman & Wakefield data (cap rate 5.8%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 52–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Cushman & Wakefield | $1,470.00/unit/mo | — | 3K SF | 3K SF | Cushman & Wakefield |
| Q1 2026 Cushman & Wakefield | $1,492.00/unit/mo | — | 1K SF | — | Cushman & Wakefield |
| Q4 2025 Cushman & Wakefield | — | — | 2K SF | 4K SF | Cushman & Wakefield |
| Q4 2025 Marcus & Millichap | $1,440.00/unit/mo | 5.7% | — | — | Marcus & Millichap |
| Q3 2025 Matthews | $1,500.00/unit/mo | 12.2% | — | — | Matthews |
Frequently asked questions
- What is the average asking rent for multifamily space in Jacksonville?
- As of Q2 2026, the average asking rent for multifamily space in Jacksonville was $1,470.00/unit/mo, per Cushman & Wakefield.
- What is the multifamily vacancy rate in Jacksonville?
- Vacancy data for Jacksonville multifamily is aggregated from brokerage reports; refer to the quarterly table for available quarters.
- Where does CREhunt's Jacksonville market data come from?
- This report aggregates quarterly multifamily market data for Jacksonville from Cushman & Wakefield, Marcus & Millichap, Matthews.
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